Connect with us

Latest News

If I buy Twitter the board compensation will be Zero Elon Musk says

Published

on

Elon Musk, the entrepreneur, said on Twitter on April 18 (Local Time) that if he is successful in acquiring the firm, he will reduce the board’s compensation to $0. “If my proposal wins, the board compensation will be $0, so that’s $3 million per year saved right there,” he remarked. Musk was responding to Gary Black of The Future Fund LLC, who claimed that the board’s refusal to accept Musk’s offer was due to the company’s large yearly compensation, which ranges from $250,000 to $300,000 per board member. The board of directors, in particular, owns almost no ownership in the corporation.

Musk had enlisted Jack’s help in responding to another tweet, in which a Twitter user named Chris Bakke pointed out that the board members hold practically no ownership in the firm. “Wow, the Twitter board collectively holds no shares now that Jack has left!” Musk commented. Their economic interests are not, objectively, linked with those of shareholders.”

Twitter’s creator, Jack Dorsey, has been known to send out cryptic notes now and then. He backed a tweet that said, “Excellent boards don’t make good companies, but a terrible board will destroy a firm every time,” in a recent post. It’s widely assumed that Jack made a joke at Twitter’s current board of directors. He was fired as CEO in 2008. Jack also intends to step down from the board before the end of the year.

“If you dig into the history of the Twitter board, it’s fascinating since I was a witness to its early beginnings, embroiled in conspiracies and coups, and notably amongst Twitter’s original members,” he said in response to a remark on his endorsement. “It’s continuously been the company’s problem,” Jack said, “and I wish it could be made into a Hollywood drama one day.”

Musk’s coworkers have rallied around him. Poison medications should be made illegal, according to David Sacks, a South African entrepreneur and Musk’s partner at X.com. “Every firm led by a bad management team should be on the table,” he stated.

Elon Musk’s plan to take over Twitter

Elon Musk recently offered to buy Twitter and turn it into a private company. He said that the firm had a lot of potential and that he could assist Twitter in making greater use of it. The Twitter Board, on the other hand, declined the offer and chose the Poison Pill instead. It’s worth noting that, even with the Poison Pill in place, the Twitter Board will not be able to prevent Musk from acquiring the firm.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Over 1,200 Residents Screened in NMMC’s Latest Cancer Awareness Drive

Published

on

Navi Mumbai Civic Body Bridges the Healthcare Gap with Free Screenings and Follow-up Care Across Local Centers.

The Drive

In a major boost to public health, 1,292 citizens were screened during a free cancer detection drive conducted across various health centers by the Navi Mumbai Municipal Corporation (NMMC).

The initiative focused on early detection for common cancers including oral, breast, and cervical cancers giving local residents access to crucial preventive care close to home. Medical teams set up diagnostic stations at Urban Primary Health Centers (UPHCs) to ensure seamless access, particularly for working-class and middle-income families.

Beyond basic checkups, civic health teams provided guidance on early warning signs, lifestyle risks, and the importance of routine health monitoring. Citizens identified with potential symptoms received direct referrals to municipal hospitals for further testing and subsidized follow-up treatment.

Community health drives play an essential role in saving lives by catching illnesses before they progress. By making preventive care accessible to all, NMMC continues to strengthen healthcare infrastructure across the city.

Continue Reading

Latest News

Nerul Women Gather for Vibrant Nag Panchami Festivities

Published

on

Community comes together in Kukshet Village to honor Maharashtrian heritage with folk games, music, and local camaraderie.

Celebrating Tradition

Highlighting the rich cultural fabric of the region, women across Nerul gathered at the Shri Vitthal Rukmini Temple in Kukshet Village to celebrate Nag Panchami. Organized under the guidance of former Mayor Sujata Patil and local representative Suraj Patil, the annual festival brought Ward No. 23 alive with traditional music, energetic games, and community spirit.

The temple courtyard transformed into a vibrant hub of Maharashtrian heritage as over 100 local women participated in age-old folk traditions that are increasingly rare in modern urban life. Attendees filled the air with traditional Nag Panchami and Mangalagaur songs while joining hands for lively rounds of Zimma and Phugdi. The day featured classic games including Kombda, Katwatkhana, blowing into copper pots (Kalshi Phunkne), and dancing with decorated earthen pots.

Beyond the cultural performances, the gathering highlighted strong neighborhood ties. Local residents expressed deep appreciation for the safe, supportive environment fostered in the area, noting that community initiatives like these strengthen mutual trust and preserve local culture for younger generations. With smiling faces, traditional rhythms, and shared prayers for prosperity, this year’s Nag Panchami reaffirmed the power of community traditions in keeping local heritage vibrant and strong.

Continue Reading

Latest News

Navi Mumbai Gets New High-Tech Hospital with a Heart

Published

on

Meta Multispeciality Hospital in Ghansoli opens with free care for newborn baby girls and elderly citizens.

The Hospital

Access to quality healthcare just got a major boost for local families. Meta Multispeciality Hospital officially opened its doors in Ghansoli Sector 4, promising state-of-the-art medical technology alongside a deeply human approach to community care.

The facility was inaugurated by Forest Minister and Palghar Guardian Minister Ganesh Naik, who toured the premises to inspect its emergency wards, OPD facilities, and advanced diagnostic machinery. Speaking to attendees, Naik praised the hospital’s leadership for prioritizing affordable, high-quality treatment for middle-class households.

What sets the hospital apart, however, is its landmark social welfare initiative announced during the opening by community leader Sagar Chougule and hospital administrator Dr. Swarna Shelke:

  • Free Maternity Care for Girl Child Deliveries: To celebrate and encourage the birth of female children, the hospital will waive all delivery charges for mothers giving birth to baby girls.
  • Free OPD Services for Seniors: Outpatient consultations will be entirely free for senior citizens aged 65 and above.

“Healthcare shouldn’t feel like an unbearable financial burden,” said Dr. Shelke. “Our primary goal is to bring modern medical infrastructure within reach of every everyday citizen.”

With monsoon-related illnesses on the rise, the team also plans to host free community health camps to catch seasonal infections early. By blending modern medicine with genuine community compassion, the new hospital aims to build a healthier, safer Navi Mumbai.

Continue Reading

Trending